Author

admin

Browsing

Some Sector Reshuffling, But No New Entries/Exits

Despite a backdrop of significant geopolitical events over the weekend, the market’s reaction appears muted — at least, in European trading. As we assess the RRG best five sectors model based on last Friday’s close, we’re seeing some interesting shifts within the top performers, even as the composition of the top five remains unchanged.

The jump in Technology’s ranking is particularly noteworthy, especially when compared to Consumer Discretionary’s drop to the bottom of the list (position #11). These two sectors often move in tandem, so this divergence is worth keeping an eye on.

  1. (1) Industrials – (XLI)
  2. (5) Technology – (XLK)*
  3. (3) Communication Services – (XLC)
  4. (2) Utilities – (XLU)*
  5. (4) Consumer Staples – (XLP)*
  6. (7) Real-Estate – (XLRE)*
  7. (6) Financials – (XLF)*
  8. (8) Materials – (XLB)
  9. (11) Energy – (XLE)*
  10. (10) Healthcare – (XLV)
  11. (9) Consumer Discretionary – (XLY)*

Weekly RRG Analysis

On the weekly Relative Rotation Graph, the Technology sector is showing impressive strength. Its tail is well-positioned in the improving quadrant, nearly entering the leading quadrant with a strong RRG heading. This movement explains Technology’s climb back into the top ranks.

Industrials remains the only top-five sector still inside the leading quadrant on the weekly RRG. It continues to gain relative strength, moving higher on the JdK RS-Ratio axis while slightly losing relative momentum. All in all, this tail is still in good shape.

Utilities, Communication Services, and Consumer Staples are all currently in the weakening quadrant. Utilities and Staples show negative headings but maintain high RS-Ratio readings, giving them room to potentially curl back up. Communication Services is starting to curl back up toward the leading quadrant.

Daily RRG

Switching to the daily RRG, we get a more nuanced picture:

  • Industrials: In the lagging quadrant with stable relative momentum, this sector needs an improvement in relative strength soon to remain in the top position.
  • Technology: Almost static at a high RS-Ratio reading, indicating a stable relative uptrend.
  • Communication Services: Back in the leading quadrant and still moving higher.
  • Utilities and Consumer Staples: Low readings but curling back up, with Utilities already re-entering the improving quadrant.

This daily view suggests that Utilities and Consumer Staples might maintain their positions in the top five, while raising some concerns about Industrials’ short-term performance.

Industrials: Resistance Roadblock

The industrial sector is grappling with overhead resistance between 142.5 and 145. This struggle is impacting the raw relative strength line, which has rolled over, causing the RS-Momentum line to curl as well.

The RS-Ratio remains elevated and moving higher, but the resistance level is a key area to watch.

Technology: Strong Despite Struggles

XLK is facing overhead resistance in the 240 area for the third consecutive week. From a relative perspective, however, the sector looks robust. The raw RS line broke from its falling channel and is clearly moving higher, dragging both RRG lines upward and pushing XLK into the leading quadrant on the weekly RRG.

Communication Services: Balancing Act

XLC is battling resistance around 105, with its raw RS line remaining inside its channel but slowly curling up against rising support. To maintain its position, we’ll need to see either higher prices for XLC or lower prices for SPY in the coming weeks.

Utilities & Consumer Staples: Range-Bound Challenges

Both of these sectors are stuck within their respective trading ranges, causing their RRG lines to roll over. With SPY moving higher, their relative strength is under pressure, positioning both tails in the weakening quadrant on negative RRG headings.

Portfolio Performance Update

From a portfolio perspective, we’re seeing a slight improvement, but the underperformance still persists. We’re continuing to track movements and position the portfolio according to the mechanical model that is the foundation of this best five sectors series.

Looking Ahead

With no changes to the top five sector positions, we’ll be closely monitoring how this selection holds up in the coming week. The divergence between Technology and Consumer Discretionary is particularly intriguing, and the struggles with overhead resistance across several sectors could prove pivotal.

Imho, the limited market reaction to the weekend’s geopolitical events (so far) suggests a certain resilience, but we’ll need to stay alert for any delayed impacts or shifts in sentiment.

#StayAlert and have a great week ahead. –Julius


This week, we’re keeping an eye on three major stocks that are reporting earnings. Two of them have been beaten down and are looking to turn things around, while the third has had a tremendous run and is looking to keep its extraordinary momentum going. Let’s take a closer look at each one.

Could FedEx Be Ready for a Comeback?

FedEx (FDX) had a rough go last quarter, missing its EPS estimates and slashing its full-year outlook thanks to softening demand and losing a USPS contract. That combination of earnings shortfall and downgraded guidance spooked investors, with FDX’s stock price tumbling more than 10% in the days following the release. After “Liberation Day,” share prices traded even lower.

FedEx continues to take steps to cut costs and segment spinoffs to streamline and turn the stock around. Can FedEx do it fast enough? Any positive forward guidance will be critical to drive a sustained rebound in the stock’s price.

From a technical perspective, FDX shares have bounced back to the levels traded after its last quarterly results. The stock price is coiling between its longer-term downtrend and near-term uptrend from the lows.

The good news is that shares have recaptured their 50-day moving average; the bad news is that price is bumping up to its longer-term downtrend. Something’s got to give.

  • The average move post-earnings is +/-5.6%. 
  • An upward move should break it out of this downtrend and set shares on a path towards its 200-day moving average, which is just under $255.
  • A downward move would break the near-term downtrend, but could pause around the 50-day moving average and a consolidation area around $215.

Playing this stock into earnings has been a fool’s game. Wait for the dust to settle before jumping in. That could mean:

  • A break below the 50-day moving average and a move to the $200 level.
  • A gap up, which could mean the end of this downtrend and should be chased to the 200-day moving average.

Micron: Time for a Breather?

Micron Technology (MU) has been on fire since selling off during the “Liberation Day” chaos. It broke below a major support area, but quickly recaptured it.

The pendulum price action was a wild swing in the opposite direction. MU’s stock price broke out above a major resistance area and is in a precarious position as Micron heads into Wednesday’s quarterly results.

MU’s stock price is extremely overbought and may struggle to keep this upward momentum going. We have seen other tech stocks, such as Broadcom (AVGO) and CrowdStrike (CRWD), experience similar moves going into earnings. Both stocks reported solid quarters and guided higher, yet sold off.

Given the 100% gain from its April 7 lows, the overbought condition, and natural support areas (old resistance) at the $114 area, a pullback to here seems logical. The area below $114 to watch is the rising 200-day moving average, which is around $96 and seems like a better entry point than chasing the stock now.

Good earnings numbers should see a small fade to the $114 area and then hold. That is what happened in other stocks with big run-ups into earnings: a fade back to the recent breakout. If Micron reports numbers below estimates and/or weak guidance, expect a deeper pullback to the 200-day, which should act as strong support if tested again. Any further rally should be faded as MU nears $150 and all-time highs. That could put its relative strength index (RSI) into the 90s; historically, that doesn’t hold for very long.

Nike (NKE): Waiting for a Spark

Nike (NKE) has traded lower after eight of its last nine earnings reports, including the last six in a row. Shares are still down 66% from their 2021 all-time highs and, year-to-date, are lower by 21%.

It has been a tough environment for the iconic sports brand. Shareholders have been anxiously waiting for new management to turn things around, but high inventories and now tariff concerns have stymied any sense of a sustainable rally.

Technically speaking, things aren’t looking good. Investors are looking for any sign of a turnaround or a tradable bottom. While there has been minor progress coming off the lows, there’s nothing to indicate the stock is back.

Momentum indicators have turned bearish. The RSI has crossed below its midline, while the moving average convergence/divergence (MACD) had a bearish crossover.

Entering the week, the stock is at a good support level around $59, which brings the 50-day moving average and recent lows into play. While NIKE’s stock price has a lot to reverse and looks tempting, there is still much overhead resistance to give the all clear and jump into the trade, based on this week’s earnings. Positive news could see a tradeable upside to its 200-day moving average, which should then be faded.

For this stock to finally reverse, it needs more time and a few quarters of solid growth. It may be wiser to buy shares on a breakdown towards its lows around $52. If that occurs, then expect it to hold and rally back over the weeks ahead of its next quarterly result. 

The Bottom Line

This week’s earnings action is a good reminder to stay patient and be selective. Watch how these stocks react after earnings rather than trying to forecast the move. Sometimes, waiting for confirmation is the best strategy, especially when markets are so reactive.


In this video, Mary Ellen opens with a look at the S&P 500, noting that the index remains above its 10-day average despite a brief pullback—a sign of healthy market breadth. She points to ongoing sector leadership in technology, while observing that energy and defense stocks are breaking higher and offering fresh opportunities. From there, Mary Ellen shares stocks that experienced strong earnings, talks AI-related stocks that are on the move higher, and looks at winners and losers following the passage of the Genius Act.

This video originally premiered on June 20, 2025. You can watch it on our dedicated page for Mary Ellen’s videos.

New videos from Mary Ellen premiere weekly on Fridays. You can view all previously recorded episodes at this link.

If you’re looking for stocks to invest in, be sure to check out the MEM Edge Report! This report gives you detailed information on the top sectors, industries and stocks so you can make informed investment decisions.

House Minority Leader Hakeem Jeffries is demanding President Donald Trump and his senior officials ‘justify’ the U.S. military’s recent strikes in Iran.

‘We’ve seen no evidence to date that an offensive strike of this nature was justified under the War Powers Act or the Constitution,’ Jeffries said. 

‘But the whole reason for the Trump administration to undertake that process is to come up to Capitol Hill and convince the American people and their elected representatives in the House and in the Senate. That hasn’t happened.’

Trump officials have maintained that the strike was in compliance with the War Powers Act, which requires the White House to notify Congress within 48 hours of a military action and blocks that operation from continuing for more than 60 days without approval from lawmakers.

Jeffries claimed he had not seen ‘a scintilla of evidence to date’ that shows ‘there was an imminent threat to the United States of America.’

‘If the administration has evidence to the contrary, come up to present it. We’re not hard to find. I’m not hiding,’ he said.

The House Democratic leader said he requested a briefing Tuesday for the Gang of Eight, the informal name for the top party and intelligence leaders in Congress.

Trump green-lit airstrikes on three of Tehran’s major nuclear sites over the weekend. The president said on Truth Social Monday that the areas hit were ‘completely destroyed.’

The move has sharply divided Democrats, with some pro-Israel moderates backing Trump’s move — while several progressives like Rep. Alexandria Ocasio-Cortez, D-N.Y., have called for the president’s impeachment over the operation.

Dozens of left-wing lawmakers have gotten behind a bipartisan war powers resolution by Reps. Thomas Massie, R-Ky., and Ro Khanna, D-Calif., to limit Trump’s ability to strike Iran.

Meanwhile, Jeffries side-stepped multiple questions on those calls for impeachment during his press conference, instead reasserting his demand that Trump officials come before Congress.

‘A tool that’s on the table right now is to continue to demand that the administration present itself before the United States Congress and make the case to the American people as to why this extraordinary step has been taken. That’s step one,’ Jeffries said.

‘Step two is for the War Powers Resolution, whether that’s the one that has already been introduced or others that may subsequently be introduced, for those resolutions to be debated on the House floor, as should have occurred already. And then we’ll see where we’re at thereafter.’

Pressed again on whether he was taking calls for Trump’s impeachment seriously, Jeffries said, ‘This is a dangerous moment that we’re in, and we’ve got to get through what’s in front of us. And what’s in front of us right now is the Trump administration has a responsibility to come to Congress, justify actions for which we’ve seen no evidence to justify its offensive strength in Iran.’

When reached for comment on Jeffries’ demands for justification, the White House referred Fox News Digital to press secretary Karoline Leavitt’s comments on Fox News Monday morning.

‘The White House made calls to congressional leadership. They were bipartisan calls. In fact, Hakeem Jeffries couldn’t be reached. We tried him before the strike, and he didn’t pick up the phone, but he was briefed after, as well as [Senate Minority Leader Chuck Schumer, D-N.Y.], who was briefed prior to the strike,’ Leavitt said. 

‘We gave these calls as a courtesy, and the Democrats are lying about this, because they can’t talk about the truth of the success of that operation and the success of our United States military and the success of this president and this administration in doing something that past administrations — Democrats too — have only dreamed about.’

This post appeared first on FOX NEWS

A former Clinton-era National Security Council staffer broke with his party and heaped praise on President Donald Trump’s successful strikes on Iran over the weekend, while remarking former Vice President Kamala Harris would have likely lacked the ‘courage’ to execute such a mission if she were commander-in-chief. 

‘I am not a fan of many of Donald Trump‘s actions, but I will speak openly and honestly when he takes bold steps defending America’s interests, as he did tonight,’ Jamie Metzl, founder of the international social group One Shared World, posted to X on Saturday evening. 

Metzl served on former President Bill Clinton’s National Security Counci and was former President Joe Biden’s deputy staff director of the Senate Foreign Relations Committee, and he heaped praise on Trump repeatedly on X over the weekend, while also taking a shot at Harris’ lack of ‘courage and fortitude.’ 

‘But I’m not a blind tribalist and am perfectly comfortable praising President Trump for bold and courageous actions in support of America’s core national interests, as he took last night,’ Metzl posted to X on Sunday morning. 

‘Although I believe electing Kamala Harris would have been better for our democracy, society, and economy, as well as for helping the most vulnerable people in the United States and around the world, I also believe VP Harris would not have had the courage or fortitude to take such an essential step as the president took last night,’ he added. 

Metzl continued in his X messages that ‘Iran has been at war with the United States for 46 years,’ and was aiming to build a nuclear weapon with the intention of wielding it over the U.S and its allies. 

‘Iran has been at war with the United States for 46 years. Its regime has murdered thousands of American citizens. Its slogan ‘death to America’ was not window dressing but core ideology. It was racing toward a nuclear weapon with every intention of using it to threaten America, our allies, and the Middle East region as a whole. No actions like this come without risks, and I imagine the story will get more complicated over time, but that’s why these types of decisions are complicated,’ he wrote. 

Fox News Digital reached out to Harris’ office regarding Metzl’s post, but did not immediately receive a reply.

Metzl’s comments are among a cacophony of Democratic elected officials and traditional anti-MAGA voices who have come out to praise Trump since the successful attack on Iran, dubbed ‘Operation Midnight Hammer.’ 

‘The destruction of Iran’s nuclear program is essential to ultimate peace in the Middle East. This is not a Democratic or Republican issue — dealing with the Iranian threat is central to America’s national security. The world is safer because of the actions of our brave service members. I’m praying for the safety of our service members in the region,’ New Jersey Democratic Rep. Josh Gottheimer said in a statement over the weekend, for example.

‘As I’ve long maintained, this was the correct move by @POTUS,’ Democratic Pennsylvania Sen. John Fetterman wrote on X on Saturday. ‘Iran is the world’s leading sponsor of terrorism and cannot have nuclear capabilities. I’m grateful for and salute the finest military in the world.’ 

While New York Times columnist Bret Stephens, a frequent Trump critic, wrote in an opinion piece that Trump made a ‘courageous and correct decision that deserves respect, no matter how one feels about this president,’ while fellow Times columnist David French also said it was the ‘right decision’ on social media. 

Other Democrats and frequent Trump critics, such as New York Democratic Rep. Alexandria Ocasio-Cortez and Republican Kentucky Rep. Thomas Massie, have slammed Trump over the strikes, arguing they bypassed Congress.

Trump announced the Saturday evening strikes on Iran in a Truth Social post that was not preceded by media leaks or speculation that strikes were imminent. The unexpected social media post was followed just hours later by a brief Trump address to the nation while flanked by Secretary of Defense Pete Hegseth, Secretary of State Marco Rubio and Vice President JD Vance. 

‘A short time ago, the U.S. military carried out massive precision strikes on the three key nuclear facilities in the Iranian regime: Fordow, Natanz and Isfahan,’ Trump said from the White House late on Saturday in an address to the nation regarding the strikes. ‘Everybody heard those names for years as they built this horribly destructive enterprise. Our objective was the destruction of Iran’s nuclear enrichment capacity, and a stop to the nuclear threat posed by the world’s No. 1 state sponsor of terror. Tonight, I can report to the world that the strikes were a spectacular military success.’

The strikes ‘obliterated’ Iranian nuclear facilities and backed the nation into a corner to make a peace deal, Trump said. This mission was also celebrated by Hegseth and Chairman of the Joint Chiefs of Staff Gen. Dan Caine as one that was cloaked in secrecy and intentionally deceptive to confuse the enemy. 

‘It involved misdirection and the highest of operational security. Our B-2s went in and out of… these nuclear sites, in and out and back, without the world knowing at all,’ Hegseth said. ‘In that way, it was historic.’

The operation included the longest B-2 spirit bomber mission since 2001, the second-longest B-2 mission ever flown and the largest B-2 operational strike in U.S. history, Hegseth and Caine said during the Sunday press conference. 

Operation Midnight Hammer followed Israel launching preemptive strikes on Iran on June 12 after months of attempted and stalled nuclear negotiations and subsequent heightened concern that Iran was advancing its nuclear program. Netanyahu declared soon afterward that the strikes were necessary to ‘roll back the Iranian threat to Israel’s very survival.’

Fox News Digital’s Hannah Panreck contributed to this report.

This post appeared first on FOX NEWS

Roughly three-quarters of the nation’s health insurance providers signed a series of commitments this week in an effort to improve patient care by reducing bureaucratic hurdles caused by insurance companies’ prior-authorization requirements.

Director of the Centers for Medicare and Medicaid Services, Dr. Mehmet Oz, alongside Health and Human Services Secretary, Robert F. Kennedy Jr., announced the new voluntary pledge from a cadre of insurance providers, who cover roughly 75% of the population, during a press conference Monday. The new commitments are aimed at speeding up and reducing prior-authorization processes used by insurers, a process that has been long-maligned for unnecessarily delaying patient care and other bureaucratic hurdles negatively impacting patients.   

‘The pledge is not a mandate. It’s not a bill, a rule. This is not legislated. This is a opportunity for industry to show itself,’ Oz said Monday. ‘But by the fact that three-quarters of the patients in the country are already covered by participants in this pledge, it’s a good start and the response has been overwhelming.’

Prior-authorization is a process that requires providers to obtain approval from a patient’s insurance provider before that provider can offer certain treatments or services. Essentially, the process seeks to ensure patients are getting the right solution for a particular problem.

However, according to Oz, the process has led to doctors being forced to spend enormous amounts of man-power to satisfy prior-authorization requirements from insurers. He noted during Monday’s press conference that, on average, physicians have to spend 12 hours a week dealing with these requirements, which they see about 40 of per week. 

‘It frustrates doctors. It sometimes results in care that is significantly delayed. It erodes public trust in the healthcare system. It’s something we can’t tolerate,’ Oz insisted.

 

The pledge has been adopted by some of the nation’s largest insurance providers, including United Healthcare, Cigna, Humana, Blue Cross & Blue Shield, Aetna and many more. While the industry-led commitments aim to improve care for patients, it could potentially eat into their profits as well if patients start seeking care more often.

The commitments from insurers cemented this week include taking active steps to implement a common standardized process for electronic prior-authorization through the development of standardized submission requirements to support faster turnaround time. The goal is for the new framework to be operational by Jan. 1, 2027.

Another part of the pledge includes a commitment from individual insurance plans to implement certain reductions in its use of medical prior-authorization by Jan. 1, 2026. On that date, if patients switch insurance providers during the course of treatment, their new plan must honor their existing prior-authorization approvals for 90-days while the patient transitions.

Transparency is also a key part of the new commitments from insurance providers. Health plans enjoined with the commitments will pledge to provide clear and easy-to-understand explanations of prior-authorization determinations, including guidance for appeals. The commitment also states that by 2027, 80% of electronic prior-authorization approvals from companies will be answered in real-time.   

Oz, during the Monday press conference, compared the industry-led pledge to the Bible, saying, ‘The meek shall inherit the earth.’

‘I always grew up thinking ‘meek’ meant weak, but that’s not what meek means. ‘Meek’ means you have a sharp sword, a sword that could do real damage to people around you, but you decide, electively, to sheathe that sword and put it away for a while, so you can do goods, so you can do important things where once in a while we have to get together, even if we’re competitors, and agree,’ Oz said Monday.

‘That’s what these insurance companies and hospital systems have done,’ he continued. ‘They have agreed to sheathe their swords to be meek for a while, to come up with a better solution to a problem that plagues us all.’

This post appeared first on FOX NEWS

As the dust still settles following the U.S. attack on Iran’s nuclear sites, analysts say the next steps will determine whether the Islamic Republic’s atomic ambitions have truly been crippled. 

Commenting on the mission, President Donald Trump wrote on Truth Social that: ‘The damage to the Nuclear sites in Iran is said to be ‘monumental.’ The hits were hard and accurate. Great skill was shown by our military. Thank you!’

Also on Sunday, Chairman of the Joint Chiefs of Staff Gen. Dan Caine told reporters, ‘Final battle damage will take some time, but initial battle damage assessments indicate that all three sites sustained extremely severe damage and destruction.’ He added it was far too early to comment ‘on what may or may not still be there.’

A senior Israeli security source told Fox News Digital, ‘It’s still too soon to know for sure, but it appears the sites were seriously damaged — it looks excellent.’

‘History is being written,’ said Reserve Brig. Gen. Yossi Kuperwasser, head of the Jerusalem Institute for Strategy and Security and a former IDF intelligence chief. ‘This is a powerful development that significantly weakens the Iranian threat and highlights the deep cooperation between Israel and the United States. But the journey is far from over.’

According to Kuperwasser, the strikes caused heavy damage to core parts of Iran’s nuclear infrastructure. ‘But I don’t think the program is destroyed,’ he told Fox News Digital. ‘They still have enriched uranium, the ability to produce centrifuges, and scientists. We killed many, but not all. And even the bombed facilities — we don’t know for sure that nothing remains.’

Kuperwasser emphasized that while Tehran may retain some nuclear assets, a key strategic threshold has now been crossed. ‘Until now, everything was covert: sabotage, diplomacy, sanctions. But now, military action has proven far more effective. If Iran tries to restart its program, they know we — and the Americans — are prepared to strike again.’

Sima Shein, a former senior Mossad official and Iran expert at Israel’s Institute for National Security Studies (INSS), agreed that Iran’s capabilities have been degraded, but not eliminated.

‘There’s no doubt these were the three most important sites,’ Shein told Fox News Digital, referring to the U.S. strike Saturday night that hit Natanz, Isfahan, and Fordow, but claimed ‘Iran has dispersed its enriched uranium — both 60% and 20% — across various unknown locations. They’ve likely hidden advanced centrifuges as well, because production oversight hasn’t existed for years.’

She added that if a future diplomatic agreement is reached, the first condition must be ‘full disclosure and removal’ of all remaining fissile material.

Mark Dubowitz, CEO of the Foundation for Defense of Democracies (FDD), told Fox News Digital that all remaining Iranian nuclear facilities must be completely dismantled and referred to FDD expert’s plan, which outlined a strategy for the permanent dismantlement of Tehran’s nuclear weapons enterprise. 

The report calls for the destruction of all enrichment sites, the removal or seizure of enriched uranium, the dismantling of advanced centrifuges, and a permanent halt to weaponization efforts. It also demands unrestricted inspections, irreversible disarmament, and strict enforcement through snapback sanctions. FDD argues that anything less would leave Iran capable of rebuilding its nuclear program.

Amos Yadlin, a former head of Israeli military intelligence and president of the Mind Israel think tank, called the American strike a ‘game-changer.’

‘Trump’s doctrine of ‘peace through strength’ is in action,’ Yadlin said. ‘Geopolitically, this changes the entire war — and sends a message to China, Russia, and others.’

But Yadlin also believes Iran’s nuclear capabilities haven’t been wiped out completely. ‘There are two possible Iranian responses: retaliation and changing nuclear policy. Retaliation may come via terror attacks in the Gulf, or pressure through proxies like Hezbollah or the Houthis. But I think the more likely shift is in nuclear posture — perhaps withdrawing from the NPT.’

‘They’re in a dilemma,’ Shein told Fox News Digital. ‘They don’t want to drag the U.S. further into military conflict, and they can’t risk harming ties with Gulf neighbors. A military retaliation — like closing the Strait of Hormuz — would invite overwhelming force. Expelling inspectors or quitting the NPT [Non-Proliferation Treaty] may be their next moves.’

Kuperwasser added that military pressure alone may not bring lasting resolution — unless paired with either a diplomatic agreement with intrusive inspections, or a credible threat of continued strikes.

‘If there’s an agreement, it must be based on verification — not trust,’ he said. ‘Anywhere, anytime inspections. But if they refuse, we can continue striking any new facility they build.’

As Israel and the U.S. prepare for potential cycles of response and counter-response, Kuperwasser believes the Israeli public is ready.

‘These are historic times,’ he said. ‘We understand the sacrifice — and we’re ready to see it through.’

This post appeared first on FOX NEWS

A House lawmaker is nominating President Donald Trump for the Nobel Peace Prize after he brokered a ceasefire deal between Israel and Iran.

Rep. Buddy Carter, R-Ga., wrote to the Nobel Peace Prize Committee, declaring Trump had an ‘extraordinary and historic role’ in having ended ‘the armed conflict between Israel and Iran and preventing the world’s largest state sponsor of terrorism from obtaining the most lethal weapon on the planet.’

Trump declared the ’12 Day War’ was ending late on Monday afternoon with a ceasefire that was meant to go into effect overnight Tuesday.

It ends just over a week after Israel first launched a preemptive strike against Iran, arguing Tehran was dangerously close to obtaining a nuclear weapon.

The two countries subsequently traded rocket fire over the following days, and over the weekend, the U.S. launched its own airstrikes on three of Iran’s key nuclear facilities.

Iran responded by shooting rockets at a U.S. air base in Qatar on Monday, but not without giving advance notice to U.S. and Qatari officials. No injuries were reported in that attack.

‘President Trump’s influence was instrumental in forging a swift agreement that many believed to be impossible. President Trump also took bold, decisive actions to halt Iran’s nuclear ambitions and ensure that the world’s largest state sponsor of terrorism remains incapable of acquiring a nuclear weapon,’ Carter wrote in his letter.

He said Trump’s leadership through the crisis ‘exemplifies the very ideals that the Nobel Peace Prize seeks to recognize: the pursuit of peace, the prevention of war, and the advancement of international harmony. In a region plagued by historical animosity and political volatility, such a breakthrough demands both courage and clarity.’

‘President Trump demonstrated both, offering the world a rare glimpse of hope. For these reasons, I respectfully submit this nomination for Donald J. Trump, 47th President of the United States, to be considered for the Nobel Peace Prize,’ Carter finished.

It is not the first time Trump has been nominated for the prize, though he has yet to win.

Rep. Darrell Issa, R-Calif., tapped Trump for the prize just earlier this year, arguing his 2024 electoral victory had an ‘astonishingly effective impact’ on peace in the world.

According to the Nobel Prize website, there have been 338 candidates nominated for the 2025 Nobel Peace Prize so far.

Carter, who is also running for Senate in Georgia, has introduced several notable bills this year backing Trump, though many have been seen as largely symbolic.

The Georgia Republican introduced legislation to rename Greenland ‘Red, White, and Blueland’ after Trump expressed interest in taking the territory. He also authored a bill aimed at letting Trump sell off a federal building in California named after former House Speaker Nancy Pelosi, D-Calif.

However, as for the conflict in the Middle East, it appears the tenuous peace is in danger of fraying as of Tuesday morning.

Carter’s nomination for Trump comes shortly after Israel accused Iran of breaking their ceasefire agreement, which Tehran has denied.  

This post appeared first on FOX NEWS

President Donald Trump expressed deep frustration with both Israel and Iran on Tuesday, saying the two countries ‘don’t know what the **** they’re doing.’

Trump made the comments while departing from the White House for a NATO summit Tuesday morning. Both Israel and Iran fired missiles at one another following the imposition of a ceasefire on Monday night.

‘I’m not happy with Israel. You know, when I say, okay, now you have 12 hours, you don’t go out in the first hour and just drop everything you have on them. So I’m not happy with them. I’m not happy with Iran either, but I’m really unhappy if Israel is going out this morning,’ Trump said.

He continued, ‘We basically have two countries that have been fighting for so long and so hard that they don’t know what the **** they’re doing.’ 

‘I’m gonna see if I can stop it,’ he added.

‘ISRAEL. DO NOT DROP THOSE BOMBS. IF YOU DO IT IS A MAJOR VIOLATION. BRING YOUR PILOTS HOME, NOW!’ Trump wrote on Truth Social shortly after boarding Marine One.

Minutes later, he announced that Israel was canceling its plans for an attack Tuesday morning.

‘ISRAEL is not going to attack Iran. All planes will turn around and head home, while doing a friendly ‘Plane Wave’ to Iran. Nobody will be hurt, the Ceasefire is in effect! Thank you for your attention to this matter!’ he wrote.

He then topped it off with a post stating: ‘IRAN WILL NEVER REBUILD THEIR NUCLEAR FACILITIES!’

Trump announced a ceasefire between Israel and Iran on Monday night, dubbing the conflict a ’12-day war.’

Qatar’s prime minister secured Iran’s agreement to the U.S.-proposed ceasefire after Iran’s limited strikes on America’s Al-Udeid Air Base in Qatar.

A senior Israeli official told Fox News on Tuesday that Iran had launched two missiles toward Israel following the announcement of the ceasefire ‘and we believe they are trying to fire more in the next couple of hours.’

‘Unfortunately, the Iranians have decided to continue to fire toward Israel,’ the official said to Fox News Chief Foreign Correspondent  Trey Yingst after Trump unveiled the deal Monday.

‘Now we will have to retaliate, this will happen of course,’ the official added. ‘It could end within several hours, but they [the Iranians] need to make a decision.’ 

Israel has yet to confirm that it has canceled its follow-up attack.

This post appeared first on FOX NEWS

Rep. Jasmine Crockett, D-Texas, has bowed out of the race to become the top Democrat on a key committee that is currently probing former President Joe Biden’s alleged mental decline.

Democratic firebrand Crockett was gunning to become the next ranking member, a title given to the senior member of the minority party, on the House Oversight Committee.

‘It was clear by the numbers that my style of leadership is not exactly what they were looking for, and so I didn’t think that it was fair for me to then push forward and try to rebuke that,’ Crockett told reporters.

House Democrats held the election during their weekly closed-door caucus meeting Tuesday morning.

However, in a smaller election by a key House Democratic panel on Monday night, Crockett and two others lost to Rep. Robert Garcia, D-Calif. Crockett signaled she came in last of the four, telling reporters on Tuesday, ‘They were clear that I was the one that made the least sense in their minds.

‘I accept that, and I think that you have to make sure that you are going to be able to work with leadership if you are going to go into a leadership position,’ she said. ‘I think the people may be disappointed, but at the end of the day, we’ve got to move forward in this country, we’ve got ot move forward for this world, and I don’t want to be an impediment.’

She promised to still be ‘loud and proud’ and a ‘team player’ for Democrats.

The House Oversight Committee, led by Chairman James Comer, R-Ky., played a marquee role in the last Congress as Republicans pursued an impeachment inquiry against the previous president.

Comer’s panel is back in the headlines now for another Biden-focused probe, this time looking into allegations that former senior White House aides covered up signs of the elderly leader’s cognitive decline.

The top Democrat on the House Oversight Committee is expected to act as a foil to Republicans’ anti-Biden pursuits.

In addition to those issues, however, the committee is also charged with overseeing the federal workforce and the U.S. government’s ownership and leases of federal buildings – both key matters as President Donald Trump and Republicans seek to cut government bloat.

Crockett is already a member of the committee and has been known to make headlines during its hearings. She infamously got into a spat with Rep. Marjorie Taylor Greene, R-Ga., during an oversight hearing last year after Greene mocked Crockett as having ‘fake eyelashes.’

Crockett retorted that Greene had a ‘bleach blonde, bad-built butch body.’

However, in her pitch to House Democrats, Crockett styled herself as a serious but potent messenger.

‘Our work cannot be solely reactive. We must also be strategic in laying the groundwork to win back the House majority,’ she wrote in a letter earlier this month. ‘Every hearing, every investigation, every public moment must serve the dual purpose of accountability and must demonstrate why a House Democratic majority is essential for America’s future.’

The previous ranking member on the House Oversight Committee, the late Rep. Gerry Connolly, D-Va., died late last month after battling esophageal cancer.

This post appeared first on FOX NEWS